Equity
-€100,751
Debts exceed assets in financial year 2025.
ReactiveSoft
Overview
Lifetime
6 annual accounts with figures on one time axisGross marginpeak €24,485 (2021)
-€18,880▼ €1,451
Resultlowest -€50,649 (2022)
-€19,472▼ €1,373
Equitypeak €29,706 (2021)
-€100,751▼ €19,472
Debts
€627,932▼ 3.2%
Board1 name since 2019
1 directorMaarten Govaerts
Documentsfilings and deeds
14-06-202647 days before the deadline
2025micro format
Loss of €19,472Equity from -€81,279 to -€100,751Cash from €566,388 to €16,155
Key points
from the 2025 annual accountsLosses
-€130,458 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€627,932 119% of the balance sheet
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 12% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,923 companies (NACE 62, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.1%▼ -0.1 percentage points vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€100,751
Founded in 2019
lowers risk
Size: total assets €527,181
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 7% of them on solvency, 3% on liquidity, 16% on profitability and 23% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,167 companies had the same profile as ReactiveSoft has now. Each dot stands for 3 companies, two years later.
94.9%
were still trading
2.8%
stopped another way
2.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ReactiveSoft itself is lower: 0.3% within 12 months. It rests on far more data about ReactiveSoft than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,167 companies, not a prediction for ReactiveSoft. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.84 (0.87 in 2024), below 1. Short-term debt is 119.1% and cash 3.1% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€100,751
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-06-2026, 47 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
47 days early
2024
55 days early
2023
30 days early
2022
7 days early
2021
2 days early
2020
40 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 30 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0733854191
Registered office moved from Leuven to Brussels
New registered office: Breydelstraat 34-36, 1040 Brussel · Previous registered office: Blijde Inkomststraat 60 bus 0301, 3000 Leuven · Board meeting of 01-02-2021 · Gazette deed
Incorporation
published on 11-09-2019 · Gazette deed
First establishment
Breydelstraat 34-36, Brussels
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ReactiveSoft Brussels | €527,181 | -€18,880 | -19.1% | - |
| Purplebees Kontich | €601,779 | -€38,919 | -6.0% | - |
| Qualia Rumst | €608,435 | -€5,878 | 10.0% | - |
| MORBOS Fleurus | €525,894 | -€3,006 | 9.3% | - |
| NSC Global Belgium Saint-Josse-ten-Noode | €656,192 | -€470,735 | -207.9% | 4 |
| CCA Advisors Uccle | €436,855 | -€17,888 | 65.3% | 0 |
| ELN Consulting Uccle | €464,789 | -€52,458 | 99.1% | - |
These companies have the same main activity as ReactiveSoft: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €437,000 and €656,000, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 09-09-2019Normal situation
- Registered office
- 42 active companies are registered at this address5 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 5 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2023
- Establishment unit
- 2.293.278.8491040 Brussels, since 09-09-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- Gross margin
- -€18,880▼ 8.3%
- Loss
- €19,472▲ 7.6%
- Equity
- -€100,751▼ 24.0%
- Total assets
- €527,181▼ 7.1%
- Filing
- Filed on 14-06-2026, 47 days before the end of the filing period
Insights on ReactiveSoft
ReactiveSoft files the micro format. That format states no turnover. The gross margin fell from €20,094 in 2020 to -€18,880 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 14-06-2026, 47 days before the deadlineGross margin
-€18,880
▼ €1,451
Operating result
-€19,310
▼ €1,324
Loss
-€19,472
▼ €1,373
Working capital
-€100,976
▼ €19,472
Solvency
-19.1%
▼ 4.8 percentage points
Current ratio
0.84
▼ 0.04
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €527,181 on 31-12-2025What the company ownsHow it is paid for
Change in equityin euro
Change in cashin euro
Position in the sector
Solvency-19.1%
Higher than 7% of 21,166 companies in 2025.
Current ratio0.84
Higher than 12% of 20,529 companies in 2025.
Return on assets-3.7%
Higher than 14% of 20,705 companies in 2025.
ReactiveSoft
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
Staff cost per FTE
Staff costs divided by the average number of full-time equivalents.
Joined and left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
Total assets20/58 |
527,181 | 567,455 | 6,959 | 2,817 | 57,970 | 33,596 | |
Fixed assets21/28 |
225 | 225 | 225 | 1,097 | 2,481 | 1,238 | |
Tangible fixed assets22/27 |
- | - | 0 | 872 | 2,256 | 1,238 | |
Furniture and vehicles24 |
- | - | 0 | 872 | 2,256 | 1,238 | |
Financial fixed assets28 |
225 | 225 | 225 | 225 | 225 | - | |
Current assets29/58 |
526,956 | 567,230 | 6,734 | 1,719 | 55,489 | 32,358 | |
Amounts receivable within one year40/41 |
589 | 842 | 1,215 | 1,120 | 5,200 | 9,586 | |
Trade receivables40 |
- | 253 | 0 | 51 | 5,200 | 7,046 | |
Other amounts receivable41 |
589 | 589 | 1,215 | 1,069 | - | 2,540 | |
Current investments50/53 |
510,212 | - | - | - | - | - | |
Cash at bank and in hand54/58 |
16,155 | 566,388 | 5,519 | 600 | 50,243 | 22,772 | |
Deferred charges and accrued income490/1 |
- | - | - | 0 | 46 | - | |
| Balance sheet: equity and liabilities | |||||||
Total equity and liabilities10/49 |
527,181 | 567,455 | 6,959 | 2,817 | 57,970 | 33,596 | |
Equity10/15 |
-100,751 | -81,279 | -63,180 | -20,942 | 29,706 | 17,561 | |
Contributions10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
Reserves13 |
- | - | - | 0 | 26,706 | 14,561 | |
Distributable reserves133 |
- | - | - | 0 | 26,706 | 14,561 | |
Profit (loss) carried forward14 |
-103,751 | -84,279 | -66,180 | -23,942 | - | - | |
Amounts payable17/49 |
627,932 | 648,734 | 70,139 | 23,759 | 28,263 | 16,035 | |
Amounts payable within one year42/48 |
627,932 | 648,734 | 70,139 | 23,759 | 28,263 | 16,035 | |
Trade debts44 |
- | 199 | 55 | 2,321 | 9,603 | 8,477 | |
Suppliers440/4 |
- | 199 | 55 | 2,321 | 9,603 | 8,477 | |
Taxes, remuneration and social security45 |
- | - | 0 | 3,578 | 12,701 | 7,558 | |
Taxes450/3 |
- | - | 0 | 3,578 | 11,651 | 7,558 | |
Remuneration and social security454/9 |
- | - | - | 0 | 1,051 | - | |
Other amounts payable47/48 |
627,932 | 648,535 | 70,084 | 17,859 | 5,959 | - | |
| Income statement | |||||||
Gross operating margin9900 |
-18,880 | -17,429 | -40,124 | -37,772 | 24,485 | 20,094 | |
Remuneration, social security and pensions62 |
- | 0 | -30 | 11,356 | 7,796 | - | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
- | 0 | 872 | 1,383 | 771 | 1,281 | |
Other operating charges640/8 |
430 | 557 | 1,140 | 57 | 238 | 294 | |
Operating profit (loss)9901 |
-19,310 | -17,986 | -42,106 | -50,568 | 15,680 | 18,519 | |
Financial income75/76B |
4,458 | - | - | - | - | 138 | |
Recurring financial income75 |
4,458 | - | - | - | - | 138 | |
Financial charges65/66B |
4,620 | 113 | 132 | 80 | 176 | 92 | |
Recurring financial charges65 |
4,620 | 113 | 132 | 80 | 176 | 92 | |
Profit (loss) for the period before taxes9903 |
-19,472 | -18,099 | -42,238 | -50,649 | 15,504 | 18,565 | |
Income taxes67/77 |
- | - | - | 0 | 3,359 | 4,004 | |
Profit (loss) for the period9904 |
-19,472 | -18,099 | -42,238 | -50,649 | 12,145 | 14,561 | |
Profit (loss) for the period to be appropriated9905 |
-19,472 | -18,099 | -42,238 | -50,649 | 12,145 | 14,561 | |
| Appropriation of the result | |||||||
Profit (loss) to be appropriated9906 |
-103,751 | -84,279 | -66,180 | -50,649 | 12,145 | 14,561 | |
Profit (loss) brought forward from the previous period14P |
-84,279 | -66,180 | -23,942 | - | - | - | |
Transfer from equity791/2 |
- | - | 0 | 26,706 | - | - | |
Transfer to equity691/2 |
- | - | - | 0 | 12,145 | 14,561 | |
To other reserves6921 |
- | - | - | 0 | 12,145 | 14,561 | |
| Social balance sheet | |||||||
Average staff (FTE)9087 |
- | - | - | 0.5 | 0.5 | - | |
Hours worked1013 |
- | - | - | 729 | 512 | - | |
| Document | |||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 14-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 14-06-2026 | 2026-00166669 | |
| 31-12-2024 | micro format | 06-06-2025 | 2025-00126145 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00187776 | |
| 31-12-2022 | micro format | 24-07-2023 | 2023-00263481 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20247684 | |
| 31-12-2020 | micro format | 21-06-2021 | 2021-21900454 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| EBITDA | - | -17,986 | -41,234 | -49,185 | 16,451 | 19,800 | |
| Cash flow | - | -18,099 | -41,366 | -49,265 | 12,916 | 15,842 | |
| Investment in fixed assets (approximation) | - | 0 | 0 | 0 | 2,014 | 1,467 | |
| Change in cash | -550,233 | 560,869 | 4,919 | -49,644 | 27,471 | - | |
| Working capital | -100,976 | -81,504 | -63,405 | -22,040 | 27,226 | 16,323 | |
| Solvency | -19.1% | -14.3% | -907.9% | - | 51.2% | 52.3% | |
| Current ratio | 0.84 | 0.87 | 0.10 | - | 1.96 | 2.02 | |
| Debt to equity | - | - | - | - | 0.95 | 0.91 | |
| ROE | - | - | - | - | 40.9% | 82.9% | |
| ROA | -3.7% | -3.2% | -607.0% | - | 21.0% | 43.3% | |
| Interest coverage | - | -158.93 | -313.07 | -612.29 | 93.23 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| part-time | - | 1 |
| in full-time equivalents | - | 0.7 |
| Average over the year, in full-time equivalents | 0.4 | 0.3 |
| Joined | 2 | 1 |
| Left | 2 | 0 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €1,789 |
| Financial fixed assets | - | - | - | - | €225 |
| Depreciation and write-downs of the year | - | €0 | €872 | €1,383 | €771 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ReactiveSoft
The operating result for 2025 is a loss of €19,310, larger than the loss of €17,986 in 2024.
Equity is negative. Debt (€627,932) exceeds the balance-sheet total (€527,181).
Board & ownership
Board
1 director, last change in 2021Mandates through the years
1 name, the dashed line is todayMaarten Govaerts
Director
Director
Board
Mandates as a list
- Maarten Govaerts
- Director, from 09-09-2019 to date
Control
Capital
- Contribution
- €3,000
- Source
- 2025 annual accounts
Network & group
No group
ReactiveSoft has no parent and no holdings in its annual accounts. Maarten Govaerts is the only director. ReactiveSoft shares no director with another company.
Timeline
Timeline
11 events since 2019Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0733854191
Annual accounts 2025 filed NBBmicro format · 47 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 55 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 30 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 7 days before the deadline
2022
Weakest financial year net -€50,649 The net result drops to -€50,649, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 2 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 40 days before the deadline
Registered office moved from Leuven to BrusselsNew registered office: Breydelstraat 34-36, 1040 Brussel · Previous registered office: Blijde Inkomststraat 60 bus 0301, 3000 Leuven · Board meeting of 01-02-20212 points ▸
- Board meeting, 01-02-2021
- Registered-office move, Breydelstraat 34-36, 1040 Brussel
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0733.854.191
- VAT number
- BE 0733.854.191
- Peppol ID
- 0208:0733854191
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-09-2019
- Financial year
- ends on 31 December
- Peppol
- Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ReactiveSoft in Dutch
- Entity type
- Legal entity
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
47120
Other non-specialised retail sale
47242
Retail sale of chocolate and confectionery
47400
Retail sale of information and communication equipment
58290
Other software publishing
68121
Development of residential building projects
Joint committees annual accounts 2023
JC 200
Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
62020
IT consultancy main activity
41101
Real estate development
47242
Retail trade
47410
Retail trade
47910
Retail trade
58290
Publishing activities
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Breydelstraat 34-36 registered office 1040 Brussels | 09-09-2019 | 2.293.278.849 |
1 former office
- 3000 Leuven until 01-02-2021 · deed of 08-06-2021
Buildings and parcels at the address
- Ground area
- 151 m²
- Buildings
- 83 m²
- Volume, LiDAR
- 1,094 m³
- Tallest building
- 17.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21806F0477/00K009 | 151 m² | 1 · 83 m² | 17.9 m · 5 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0733.854.191